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Non-Controlling Interest in Subsidiaries
6 Months Ended
Jun. 30, 2024
Noncontrolling Interest [Abstract]  
Non-Controlling Interest in Subsidiaries

Note 17. Non-Controlling Interest in Subsidiaries

The Company has non-controlling interests in several of its subsidiaries. The balances of non-controlling interest as of June 30, 2024 and December 31, 2023 are as follows (in thousands of USD):

 

As of

 

 

June 30, 2024

 

 

December 31, 2023

 

Munpia 1

 

$

50,566

 

 

$

49,817

 

Jakga2

 

 

 

 

 

3,832

 

Bootcamp3

 

 

3,257

 

 

 

3,257

 

Total

 

$

53,823

 

 

$

56,906

 

 

1.
The Munpia non-controlling interest balance excludes redeemable non-controlling interest (See Note 16. Redeemable Non-Controlling Interest in Subsidiary for detail).
2.
The Jakga non-controlling interest balance is no longer included as Jakga was deconsolidated in March 2024 (See Note 14. Disposition for detail).
3.
The portion of net assets in Bootcamp attributable to the LP represents a non-controlling interest (See Note 13. Related Parties and Variable Interest Entity for detail).